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The available resources cannot be used to pursue every goal that each individual has.

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16y ago

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What best explains what makes allocation decisions decisions necessary?

There are never enough goods and services to satisfy all wants and needs.


Best explains what makes allocation decisions necessary?

There are never enough goods and services to satisfy wants and needs


Which of the following best explains what makes allocation decisions nescessary?

There are never enough goods and services to satisfy all wants and needs


Which if these following best explains what makes allocation decisions necessary?

Allocation decisions are necessary due to the scarcity of resources, which forces individuals and organizations to determine how to best distribute limited assets to meet various needs and goals. These decisions involve prioritizing certain projects, services, or products over others based on factors such as demand, potential return on investment, and strategic objectives. Effective allocation ensures optimal use of resources, maximizing efficiency and effectiveness in achieving desired outcomes.


What explains why the game of economics is about setting goals as much as it is about making allocation decisions?

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What be explains why the game of economics is about settings goals as much as it is about makkeing allocation decisions?

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What best explains why goals are nescessary for making allocation decisions?

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Who of the following best explains how a free-market system has a circular flow of influences?

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Which best explains why the game of economics is about setting goals as much as it is about making allocation decisions?

There are different and incompatible economic goals.There are different and incompatible economic goals.different people want different things out of life.


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